New Financing Facility
Beyond Meat closed on a financing facility providing up to $100 million in new senior secured debt from Unprocessed Foods LLC, offering additional liquidity to advance strategic priorities and invest in growth.
Launch of Beyond Chicken Pieces
Beyond Meat announced the nationwide launch of Beyond Chicken Pieces at Kroger, highlighting a simple ingredient deck and 21 grams of protein.
Real People, Real Results Campaign
Beyond Meat launched a marketing campaign showcasing health improvements from eating a plant-based diet, aiming to dispel misinformation about their products.
International Food Service Growth
International Food Service Channel net revenues increased 12.1% to $15.3 million, driven by a 13.5% increase in volume of products sold, primarily due to increased sales of chicken products to a large QSR customer.